Kiwi takes a plunge

Oct 7, 2022 | Currency, Economy, Money Market

On a quiet day for newsflow, there have been some significant market moves ahead of tonight’s key US employment report, says BNZ Markets. “Risk appetite has reversed course, seeing the NZD plunge almost 3% peak-to-trough, after a local trading session that saw it trade above 0.58,” comments Jason Wong, senior markets strategist. “The USD has […]

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Kiwi takes a plunge

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